​Once on his T.V. show, John Stossel laid out dozens of consumer goods: a flashlight, a newspaper, a video camera, etc. As he strode along the tables, he picked up and demonstrated some, then held up a smart phone and said “now it’s all in my phone for a few hundred dollars. What a bargain!”

Back in the day when you fumbled your way to turn off the alarm clock, or took your Walkman to the gym, or mapped out a particular destination, did you ever think to yourself “man it’d be great if I could access all my stuff at once in the palm of my hand?” If you did, did you go around waving money hoping someone would concoct and sell such a device to you? Doubtful.

Make no mistake; for all but the most basic goods, supply creates demand.

Many of us have had an idea(s) that we thought could possibly be turned into a worthwhile commercial venture, but how many could actually do something about it?

While we’re partying, playing ball or otherwise maximizing our leisure time, folks like computer programming pioneer Rear Admiral Grace Hopper, or Tony Fadell, co-inventor of the Nest Thermostat, are trying to figure out a way to make life better, easier. Whereas we’re busy adding bells and whistles to our resume, these visionaries we’ll end up working for are singularly focused and determined to make their vision a reality.

“Entrepreneurial spirit” is a personality trait that can’t be taught. Without its creative spark, much land, labor and capital would lay idle; some of the latter two might not even exist. There would be notably less progress without that applied imagination.

While untold numbers of these dreams are never realized, some are: the tastiest recipe comes together, biology and chemistry are merged perfectly into a life-saving medicine, etc. At that point a vital characteristic kicks in; intestinal fortitude.

Put yourself in their shoes for a moment, and you can start to understand why a high school classmate recently told me he’s “gone crazy and started a second business”; many times they are trading a regular paycheck for a world of uncertainty.

These producers deserve the utmost respect and admiration for taking the dive. Unfortunately, too many people don’t get it. “You chose to do that, so deal with the taxes and regulations” someone once told a friend of mine who co-owns not one, but two businesses.

These are probably the same type of folks behind some of the more misguided, domineering initiatives to have sprung up across the country in recent years. --In May, in an effort to deal with a growing homelessness problem, the Seattle city council unanimously passed a so-called head-tax of $275 on every employee of local businesses that earned at least $20 million annually. They wanted $500, but the mayor threatened a veto because apparently that was too high.

What type of reasoning concludes that one way to fix homelessness is to tax employment, the very activity that produces the income needed to obtain shelter? What kind of imperious mentality endorses taking from successful companies to give to a failing entity?

If politicians as high up as Sens. Cory Booker (D – N.J.) and Kirsten Gillibrand (D – N.Y.) are so confident in their business ability that they’ll propose a jobs guarantee, why not strike out on their own, without the cushion of a taxpayer-supported slush fund?

Because just like many other officials and activists, they have scant, if any experience owning/running a business. It begs the question; where does all this misplaced overconfidence come from?

Innovators and producers don’t ask for our gratitude, but nor do they welcome such arrogant policy supported and enacted by those with only a fraction of their cojones. If these kinds of regulations continue to proliferate, the next big gadget or service could very well disappear from the future just like Marty McFly before his parents kissed.--Perhaps these bureaucrats and advocates could instead become productive members of society and put their money where their mouth is, like the investors in the Tri-State Coalition for Responsible Investment did a couple years ago.

If those avenues seem too daunting, they could open a lemonade stand and experience the wet blanket their ilk have thrown on pre-teen entrepreneurs. --Fans of “The Walking Dead” will recall the first things the survivors did after escaping the “biters”: gather food, set up shelter and scavenge fuel. For the sake of survival, we’ll always seek out these basic necessities before they’re presented to us. However, even the supply of these items has reached vast abundance and variety due to pioneering minds.

One friend of mine was recently called up by the ABC show “Shark Tank” to pitch his vision of “revolutionizing urban agriculture” by employing underutilized spaces like city-owned vacant lots and drainage areas, while my aforementioned classmate tells me he will soon be machining new cost-saving equipment that will “revolutionize” the energy industry.

We hear about heroes all the time: medics, teachers, first-responders, et al. These risk-taking creators of the future belong in the same conversation. Only they know the answer to the question with which Stossel ended his show: “who knows what’s coming next that I can’t even imagine?”